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cailianshe news, september 11 (editor: zhao hao)during u.s. stock trading on tuesday (september 10), the share price of jpmorgan chase, the world's largest bank by market value, fell by more than 7% at one point, on track to post its worst single-day performance since 2020, dragging down the overall u.s. bank stocks. goldman sachs fell nearly 5% and citigroup fell more than 4%.

jpmorgan chase stock price daily chart

on the same day, jpmorgan president and chief operating officer daniel pinto said at an industry conference that external analysts' forecasts for the bank's spending and net interest income next year were too optimistic.

pinto mentioned that the outside world's figure for jpmorgan's net interest income (nii) is us$89.5 billion. considering interest rate expectations, this figure is "not very reasonable" and the actual data will be lower.

this statement has exacerbated analysts' pessimistic expectations for major us banks. yesterday, goldman sachs ceo david solomon said that goldman sachs' trading revenue in the third quarter is expected to fall by 10%.

small banks' expectations were equally bleak, with ally financial saying auto loan defaults and net charge-offs were higher than expected. as of press time, ally financial, which is trading, fell more than 19%, on track to post its biggest drop since the outbreak of the coronavirus pandemic.